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Cokato, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,782
Population
$70,288
Median Income
$223,300
Home Value
33.3
Median Age

Demographics

Cokato has a population of 2,782 with a median age of 33.3. Here is the racial and ethnic breakdown of the population:

White
87.4%
Hispanic
10.0%
Other
2.2%
Demographic Value
Total Population2,782
Median Age33.3
White87.4%
Black or African American0.3%
Asian0.1%
Hispanic or Latino10.0%
Other / Two or More Races2.2%
Cokato, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 87.4%Hispanic/Latino: 10.0%Other: 2.2%Other: 0.4%2,782PopulationWhiteWhite87.4%Hispanic/LatinoHispanic/Latino10.0%OtherOther2.2%OtherOther0.4%

Income & Economy

The median household income in Cokato is $70,288, which is 12.8% below the national median of $80,610. The per capita income is $31,663. The poverty rate is 14.4%.

$70,288
Median Household Income
$31,663
Per Capita Income
14.4%
Poverty Rate

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Education

In Cokato, 87.3% of residents age 25+ have a high school diploma or higher, and 15.4% hold a bachelor's degree or higher (5.0% with a graduate or professional degree).

HS Diploma+
87.3%
Bachelor's+
15.4%
Graduate+
5.0%
Education Level % of Adults (25+)
High School Diploma or Higher87.3%
Bachelor's Degree or Higher15.4%
Graduate or Professional Degree5.0%

Housing

The median home value in Cokato is $223,300, below the national median of $303,400. The median monthly rent is $797. The homeownership rate is 67.2%.

$223,300
Median Home Value
$797/mo
Median Rent
67.2%
Homeownership Rate
Housing Metric Value
Median Home Value$223,300
Median Monthly Rent$797
Homeownership Rate67.2%
Vacancy Rate4.2%

Salaries in Minnesota

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Other Cities in Minnesota

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Frequently Asked Questions

What is the population of Cokato, Minnesota?
The population of Cokato, Minnesota is 2,782 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cokato, Minnesota?
The median household income in Cokato, Minnesota is $70,288. This is 12.8% below the national median of $80,610.
What is the median home value in Cokato, Minnesota?
The median home value in Cokato, Minnesota is $223,300. The median monthly rent is $797.
What percentage of people in Cokato have a college degree?
In Cokato, Minnesota, 15.4% of adults age 25 and older hold a bachelor's degree or higher, and 87.3% have a high school diploma or higher.
Is Cokato, Minnesota an affordable place to live?
The home price-to-income ratio in Cokato, Minnesota is 3.2x (median home value $223,300 vs. median income $70,288), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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